Public financial management act News

Understanding the Mechanisms of Parliamentary Control Over Public Finances.

An exploration of how parliamentary systems maintain oversight of national finances, detailing the legislative processes involved in budgetary approval and fiscal accountability.

Urgent Need for Financial Oversight: Addressing Recent Lapses in State Fiscal Management.

Cabinet Moves to Amend Finance Business Act and Consumer Protection Laws.

Evolution of Finance: How Human Intelligence Complements AI in Modern Business.

As AI automates routine tasks, finance professionals are shifting toward strategic, data-driven leadership roles, with a focus on human judgment, ethical reasoning, and critical analysis.

Sri Lanka’s New Fiscal Landscape: A Transformation in Public Financial Management.

Sri Lanka Strengthens Financial Governance with New Debt Management Office.

Sri Lanka has established the Public Debt Management Office (PDMO) as an independent body to oversee national debt, achieving a significant milestone in fiscal reform and international credit credibility.

Parliamentary Committee Rejects Proposed Strategic Investment Tax Incentives.

The Committee on Public Finance (COPF) has halted a new gazette aimed at regulating Strategic Development Projects (SDP) tax incentives, citing flawed criteria and unfair biases against manufacturing.

Sri Lanka Amends Terrorist Financing Laws to Meet Global FATF Standards.

Government Implements Stricter Spending Controls Amid Regional Energy Concerns.